Rebirth of the Financial Overlord
Chapter 60 The Vantaa Project
There is a very secret and not very secret plan of financial aggression in the world.
Its name is the Vantaa Project.
The speaker is a middle-aged man in his forties, not tall, and looks like Mickey Mouse.
His name is Ou Vanta.
In the 1980s, Vantaa was directly ordered by Reagan to engage in a secret financial war against the Soviet ruble.
After that, he established the "Xin Gong Financial Group" in Wisconsin, USA. The company's operating capital was only 17,000 US dollars, but soon after the capital injection from the secret overseas accounts in the United States, Vantaa's business began to grow bigger and bigger.
Beginning in October 1990, Vantaa completed a very profitable transaction of buying 140 billion rubles for 5 billion U.S. dollars at a price that was twice that of the black market (28 rubles to 1 U.S. dollar).
In January and February 1991, Vantaa aggressively shorted up to 2,000 tons of gold on the London gold exchange market. The already weak Soviet economy finally hit the last nail in the coffin lid under the plunge of gold price.
It was O Vantaa's plan that made the Russian winter of 1991 even colder.
After the "wealth meat grinder" of hyperinflation was run over, the life savings of a large number of mainstream people in the former Soviet Union were wiped out overnight.
In the collapse of the Soviet economic system, more than a dozen trillion dollars in assets were looted.
After that, countless stories about money and bloodshed have been derived to witness the evil of American imperialism.
Ovanta used the capital in his hands to sell rubles aggressively, and the bear skin, bear gall, and bear paws were all chopped off from the polar bear.
look.
Just by provoking the disintegration of the Soviet Union to short the ruble, the Westerners looted the wealth accumulated by the Soviet Union for decades.
They put hundreds of millions of people in the former Soviet Union in their mouths and chewed greedily.
But in fact this is a very loose third-rate novel.
Because any short sale must meet three conditions, borrow in hand, sell in advance, and buy back.
After Robert John left, Shen Jiannan closed his eyes and rubbed between his brows.
The disintegration of the Soviet Union was an inevitable result. With the disintegration of the Soviet Union, the ruble also depreciated and became waste paper.
Calculated with the currency value of the new ruble later, the new ruble has depreciated tens of thousands of times in exchange for the old ruble.
After money lost its purchasing power, the old men who used to be all middle class drank methanol, and even mixed shampoo with water as wine.
According to the actual value of the ruble in the future, shorting the ruble now is undoubtedly the best investment.
However, it is difficult.
The Soviet Union under the planned economy had strict foreign exchange controls, and it was precisely because of the extremely perverted foreign exchange controls that there was a black market for currency in the Soviet Union.
In this environment, it is not at all difficult to sell the Soviet Union for a small amount of money.
To short the ruble, three conditions need to be met.
Borrow rubles, sell rubles, and buy rubles to repay the borrowed rubles.
Ruble devaluation is inevitable.
As long as you borrow rubles from banks in the Soviet Union and sell them, and buy them back and return them to these banks when the ruble depreciates in the future, you can perfectly transfer the wealth of the polar bears.
The theory is simple.
It's just that theory never equals practice.
Due to its unsound currency attributes, the trading volume of the ruble in the global foreign exchange futures market is very small.
The ruble-to-dollar futures launched by Ukraine have a daily turnover of only a few million dollars. Even in the financial markets of the New York and London markets, the ruble’s turnover is only tens of millions of dollars.
With such a transaction amount, it is impossible to play with a slightly larger amount of funds.
Before the disintegration of the Soviet Union, the control of the capital market was very abnormal, and everyone had various restrictions on their bank accounts.
Whether it is withdrawing money from the bank or wanting to exchange US dollars for consumption abroad, there is a certain quota.
This is part of a planned economy.
It is also super troublesome for the Soviet Union to borrow large sums of rubles from banks in this environment.
There is only one way to successfully borrow a large amount of rubles from Russia.
wait.
After the disintegration of Russia, which inherited most of the legacy of the Soviet Union, it implemented a shock plan to reorganize its economy.
The so-called shock plan is to fully liberalize the Russian financial market and use the invisible hand behind the market to repair the struggling Russian economy.
And here, the ruble has become a real free currency and realized free circulation.
The freedom of a free market is manifested in non-interference in the market.
Therefore, during the implementation of the shock plan, the ruble depreciated wildly like a waterfall.
The reason is very simple. This is a shock plan formulated by Russia to let go of the fixed exchange rate of the currency and change it to free market pricing.
As a result, the suspended animation of shock turned into real death.
The ruble collapsed across the board.
In such a market, can you make money as long as you borrow money to sell in the early stage of the ruble liberalization?
the answer is negative.
The reason why the ruble depreciated wildly later was because no one bought it, and no one bought it meant that it could not be sold.
The original attribute of the ruble is an accounting voucher, which means that it is worthless in itself.
So even if you can borrow rubles after the disintegration of the Soviet Union, there is only one result.
The underpants are all lost.
Many long-term capital management companies in the United States and Soros, an international capital tycoon, are the best examples.
These people borrowed a large amount of ruble from Russia in the form of capital injection when the ruble was at a high level. After the short positions in their hands were established, the ruble collapsed and plummeted.
Theoretically speaking, the short position and the sharp drop of the short selling target should make money.
But the actual results, whether it is Soros or those long-term capital management companies, are losing money like dogs. Quantum Fund has lost as much as two billion US dollars, and many long-term capital management companies have lost money so much that they need the US government to bail them out.
This is a very ironic, ridiculous and illogical result.
And the reason why there is such an unbelievable result is because of a common sense logic.
Under normal circumstances, when a country's currency is about to collapse, any country will spare no effort to save the currency system in order to avoid the complete collapse of the national economic system.
Otherwise, the country's international credibility will be zero.
No country can afford the consequences.
That's the problem.
Polar bears are called polar bears because they are real bears, and bears never eat dead things.
The best way to avoid being killed is to commit suicide.
When the Russian central bank chose to commit suicide, a huge loophole appeared in the basic logic of short selling.
The ruble has depreciated greatly, but it also means that the ruble borrowed in advance cannot be sold in the hands, and as a result, the borrowed ruble can only be watched as it rots in one's own hands like waste paper.
This is a very rogue trick, but it is also a very effective trick.
Then can't polar bears be sold for small money?
of course not.
On this point, there is a country that once wrote a textbook.
third brother.
Before the collapse of the Soviet Union, before the Russian shock program. The government of the third brother borrowed ten billion rubles from the Bank of Moscow.
Ten years later, India returned 10 billion rubles to Russia.
When India borrowed rubles, 0.9 rubles were exchanged for 1 U.S. dollar, and when repaying the money, 1 U.S. dollar was exchanged for 3,800 rubles.
It’s just that individuals and companies naturally cannot guarantee their reputation like a country. Even if they borrow money from polar bears, it is difficult to exchange large rubles for dollars.
unless
Yau Ma Tei Fruit Bar, the second floor of Yun Kee Wholesale Market.
The not-so-large space was turned into a temporary conference center.
A dark red table more than three meters long was placed indoors, surrounded by a dozen men with big arms and thick waists.
The top seat is Peng San in a suit and tie.
"Brothers, I think everyone knows about Lian Kun. In five years, Lian Kun himself embezzled 30 million yuan, and the money he gave to Baipizi was more than 200 million yuan."
No one answered.
Those who can come here are the core members of Yunji.
Of course they knew how much money Lian Kun had made in these years, and they also knew how much money Lian Kun secretly sent to the British for the development of the society.
Not convinced, of course.
It's just that no one dared to say anything.
In the past week, all the dissatisfied members of Yunji had accidents, and even the Qingshan Club sent people to put pressure on it, and a hall of the Qingshan Club was raided overnight.
That horrible night is terrifying to think about.
Thunder strike.
It's not a fight between clubs at all, but like a night's battle in Shura Field.
"I promised all my brothers that half of the profits given to the British before will be distributed to all brothers in full. Do you have any objections?"
"No!"
"I agree with the third brother's decision. Lian Kun used to give the club's funds to those ghosts. I have long disliked him."
"I thank the third brother on behalf of my brothers."
"."
Some people agree with it sincerely, while others are forced to deal with it.
With the terrorist forces displayed behind Peng San, no one refuted it.
"There are some things I want to say in advance today. Whether you believe it or not, I will make a detailed financial report on the profits of the association in the future. I guarantee that everyone's share will not be short of a penny. But there are some things I hope Everyone don't touch again..."
"If the community wants to develop, it must follow the right path. 97 is coming soon, if anyone dares to find trouble for me at this juncture, then don't blame me for being rude."
"."
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